Great location! Close to Ottawa University, Rideau Centre and the Byward market! Lot and plans to build a modern 8 unit building approx. 5500 sq ft AG and 7200 sq ft with basement. 2 x 1 bedrooms (approx $1800/Monthly), 6 x 2 bedrooms ($2400/Monthly). Use the open concept floor plans and choose modern finishings. Projected GOI= $216,000. NOI = $151,200. Expenses estimated at 30%. Plans attached. (id:48414)
| MLS® Number | 1324844 |
| Property Type | Vacant Land |
| Neigbourhood | Sandy Hill |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Basement Development | Not Applicable |
| Basement Type | Unknown (not Applicable) |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 100 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 0.09 |
| Size Total | 0.09 Ac |
| Size Total Text | 0.09 Ac |
| Zoning Description | R4u |
https://www.realtor.ca/real-estate/25233784/294-somerset-street-e-ottawa-sandy-hill
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